Bullish potential

05.06.2021
Daily chart: the breakout of the upper Bollinger envelope also led to the renewal of the local maximum of the pair. ADX indicators have not reached the trend zone yet, therefore, until today's news release,...
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Euro may sag to 1.20 on news

05.06.2021
Daily chart: the euro is actively trading down. In the near future, it is possible to test the lower Bollinger band (1.2075), from where we can expect an upward rebound with a return to the...
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Flat forecast

03.06.2021
Daily chart: the pair is trading within the upper Bollinger envelope (109.25-110.07) against the background of the continuing falling ADX. This indicates probable multidirectional price movements today, which is due to the expectations of the...
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The quotes may decrease to 1.2100

03.06.2021
Daily chart: the pair is one step away from falling into the lower Bollinger envelope, which is hindered by the last support at the middle band (1.2179). Once this level is passed, the price will...
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Recovery towards 110.07 is possible

02.06.2021
Daily chart: the pair continues to fluctuate within the upper Bollinger envelope (109.16-110.30), which leaves some space for the bulls to work upwards. Н4: low local trend potential of ADX indicates probably insignificant volatility. Nevertheless,...
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